NYC Pensions Are Sued for Shedding Fossil Fuels

Woman holding protest sign that reads, i want the children i spent my life teaching to actually have a future. please divest our pensions from fossil fuel companies - retired nyc teacher, uft

Monica Weiss attended her first fossil-fuel divestment protest on a frigid February day in 2015. She joined college students, financial experts, faith leaders, and then-New York City Public Advocate Letitia James in front of the New York Stock Exchange to demand that the city’s five public pension funds factor the financial risks of climate change […]

Why Exxon Is Suing Its Shareholders

Last month, ExxonMobil sued two of its “activist investors” — groups that try to use shareholder resolutions to pressure companies into taking action on social and environmental problems — in an attempt to block a proposal for the oil giant to limit its climate pollution from coming to a vote at an upcoming shareholder meeting. […]